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to corporate employees. foreign hackers constantly target u.s. companies in such ways in order to get every piece of competitive intelligence information they can. we simply cannot allow this to continue to happen. in response to this growing threat in our 2011 annual report, the u.s. intellectual property coordinator called upon congress to increase the penalties for economic espionage and this bill is consistent with that recommendation. i would like to commend the members of both sides of the aisle for their work on this bill, particularly the gentleman from texas, the chair of the committee, mr. smith, the ranking member, the gentleman from michigan, mr. conyers, the incoming chair of the judiciary committee, my colleague from virginia, mr. goodlatte and the gentleman from north carolina, mr. watt, who worked diligently on this bill and i recognize the leadership of senator lay high and i -- leahy. and i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from texas is -- the gentleman from texas -- mr. scott: i yield ba
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